Capital Analysts LLC Buys 4,941 Shares of Johnson Controls International plc $JCI

Key Points

• Capital Analysts LLC has increased its position in Johnson Controls International plc by 3.1%, acquiring a total of 165,278 shares valued at approximately $13.2 million.
• Insider trading activity has seen VP Nathan D. Manning sell 1,422 shares for around $147,447, and total insider sales amounting to over $1.98 million in the last three months.
• Equities research analysts have raised target prices for the stock, with Wells Fargo increasing its target from $100 to $130, indicating strong interest in the company.

Capital Analysts LLC raised its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 3.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 165,278 shares of the company's stock after buying an additional 4,941 shares during the quarter. Capital Analysts LLC's holdings in Johnson Controls International were worth $13,241,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. TIAA Trust National Association grew its holdings in Johnson Controls International by 1.0% during the 1st quarter. TIAA Trust National Association now owns 11,339 shares of the company's stock valued at $908,000 after buying an additional 115 shares in the last quarter. Strategic Blueprint LLC grew its holdings in Johnson Controls International by 4.3% during the 1st quarter. Strategic Blueprint LLC now owns 2,980 shares of the company's stock valued at $239,000 after buying an additional 123 shares in the last quarter. HighPoint Advisor Group LLC grew its holdings in Johnson Controls International by 1.4% during the 1st quarter. HighPoint Advisor Group LLC now owns 8,976 shares of the company's stock valued at $739,000 after buying an additional 124 shares in the last quarter. Sfmg LLC grew its holdings in Johnson Controls International by 4.5% during the 1st quarter. Sfmg LLC now owns 2,913 shares of the company's stock valued at $233,000 after buying an additional 125 shares in the last quarter. Finally, SeaCrest Wealth Management LLC grew its holdings in Johnson Controls International by 2.7% during the 1st quarter. SeaCrest Wealth Management LLC now owns 5,060 shares of the company's stock valued at $405,000 after buying an additional 135 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Price Performance

JCI traded up $2.3630 during midday trading on Friday, hitting $107.1130. The stock had a trading volume of 5,090,912 shares, compared to its average volume of 5,762,699. The company has a market cap of $70.09 billion, a P/E ratio of 31.78, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The business has a fifty day moving average of $105.86 and a 200 day moving average of $93.53. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.81 and a current ratio of 0.96. Johnson Controls International plc has a 1 year low of $67.68 and a 1 year high of $112.63.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. Johnson Controls International has set its FY 2025 guidance at 3.650-3.680 EPS. Q4 2025 guidance at 1.140-1.170 EPS. As a group, equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International announced that its Board of Directors has authorized a stock buyback plan on Friday, June 13th that authorizes the company to repurchase $9.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 13.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 23rd were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $1.48 annualized dividend and a yield of 1.4%. Johnson Controls International's dividend payout ratio is currently 43.92%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Anuruddha Rathninde sold 15,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $103.13, for a total value of $1,546,950.00. Following the completion of the sale, the vice president owned 42,574 shares of the company's stock, valued at $4,390,656.62. This represents a 26.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $103.69, for a total value of $147,447.18. Following the completion of the sale, the vice president owned 140,881 shares of the company's stock, valued at $14,607,950.89. The trade was a 1.00% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,266 shares of company stock valued at $1,986,931. 0.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Robert W. Baird lifted their target price on Johnson Controls International from $90.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. UBS Group reissued a "buy" rating and set a $116.00 price objective (up previously from $103.00) on shares of Johnson Controls International in a report on Thursday, May 22nd. Morgan Stanley boosted their price objective on Johnson Controls International from $115.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday. JPMorgan Chase & Co. boosted their price objective on Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Finally, Zacks Research raised Johnson Controls International to a "hold" rating in a report on Monday, August 11th. Nine investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of "Hold" and a consensus target price of $105.72.

About Johnson Controls International

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.